Dimensional Fund Advisors LP Raises Stock Position in EPR Properties $EPR

Dimensional Fund Advisors LP boosted its stake in shares of EPR Properties (NYSE:EPR) by 2.4% in the first quarter, HoldingsChannel.com reports. The fund owned 1,131,680 shares of the real estate investment trust’s stock after purchasing an additional 26,506 shares during the period. Dimensional Fund Advisors LP’s holdings in EPR Properties were worth $56,537,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of EPR. State Street Corp lifted its stake in EPR Properties by 1.7% in the 2nd quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock valued at $234,760,000 after buying an additional 66,562 shares in the last quarter. Norges Bank purchased a new position in shares of EPR Properties in the fourth quarter valued at approximately $82,823,000. Geode Capital Management LLC boosted its stake in shares of EPR Properties by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 1,584,394 shares of the real estate investment trust’s stock worth $79,077,000 after acquiring an additional 26,590 shares during the last quarter. Northern Trust Corp boosted its stake in shares of EPR Properties by 84.8% in the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after acquiring an additional 717,734 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of EPR Properties by 29.2% during the second quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after purchasing an additional 348,908 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Down 3.1%

EPR stock opened at $62.02 on Friday. The firm’s 50 day moving average price is $59.54 and its 200-day moving average price is $56.98. The company has a debt-to-equity ratio of 1.43, a quick ratio of 7.85 and a current ratio of 9.51. The firm has a market cap of $4.75 billion, a PE ratio of 19.94, a PEG ratio of 2.51 and a beta of 1.02. EPR Properties has a one year low of $48.10 and a one year high of $64.97.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The business had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, equities research analysts anticipate that EPR Properties will post 5.31 EPS for the current year.

EPR Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.0%. EPR Properties’s dividend payout ratio is presently 119.61%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research report on Friday, June 12th. Royal Bank Of Canada raised their price target on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Citizens Jmp restated a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.06.

Insiders Place Their Bets

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 2,000 shares of EPR Properties stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the completion of the sale, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This trade represents a 12.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by company insiders.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.